8-K

                       SECURITIES AND EXCHANGE COMMISSION
                               WASHINGTON, D.C.  20549




                                    FORM 8-K
                                 CURRENT REPORT




                       Pursuant to Section 13 or 15(d) of
                      the Securities Exchange Act of 1934




      Date of Report (Date of earliest event reported):  February 10, 1998




                             McDONALD'S CORPORATION
             (Exact name of Registrant as specified in its Charter)



          Delaware                  1-5231               36-2361282
     (State of Incorporation)   (Commission File No.)    (IRS Employer
                                                         Identification No.)



                              One McDonald's Plaza
                           Oak Brook, Illinois 60523
                                 (630) 623-3000
           (Address and Phone Number of Principal Executive Offices)



     Item 7.   Financial Statements, Pro Forma Financial Information and
               Exhibits

     (c)  Exhibits

          (99) Press Release dated February 10, 1998 -- McDonald's To
               Acquire Minority Interest In Chipotle Mexican Grill


                                   SIGNATURE

     Pursuant to the requirements of the Securities Exchange Act of 1934,
     the Registrant has duly caused this report to be signed on its behalf
     by the undersigned hereunto duly authorized.


                              McDONALD'S CORPORATION

                              (Registrant)


                              By:  /s/ Gloria Santona
                                   --------------------------------------
                                   Gloria Santona
                                   Vice President, Deputy General Counsel
                                   and Secretary

EX-99

                                                                  EXHIBIT 99





  FOR IMMEDIATE RELEASE         FOR MORE INFORMATION CONTACT:

  2/10/98                       Media:  Chuck Ebeling, 630-623-6150
                                Investors:  Mary Healy, 630-623-6429


                  McDONALD'S TO ACQUIRE MINORITY INTEREST IN
                            CHIPOTLE MEXICAN GRILL


  OAK BROOK, IL -- McDonald's Corporation has reached an agreement in

  principle to acquire a minority interest in World Foods, operator of

  Chipotle Mexican Grill, a chain of 14 fresh Mexican food restaurants

  currently serving customers in the Denver, CO, market.  Terms of the

  investment were not disclosed.  The transaction is expected to close soon.


  The balance of the company will be owned by Steven Ells, founder,

  president and chief executive officer of Chipotle Mexican Grill, and

  others.


  "This investment will mean no change in McDonald's USA strategy of growing

  our hamburger restaurant business.  McDonald's is making an

  opportunistically-driven minority investment in a small restaurant concept

  that has a strong customer following and an excellent performance record,"

  commented Patrick Flynn, executive vice president of McDonald's USA, and

  relationship partner to Chipotle Mexican Grill.


  "McDonald's grew to what it is today by testing new ways to meet our goal

  of satisfying customer's appetite for great food, served well, at a good

  value.  By testing new ideas and evaluating results, we expand our body of

  knowledge about the foodservice business.  Chipotle Mexican Grill is

  another opportunity to gain such learnings," Flynn continued.



                                    (more)


  "If after a period of development and evaluation, the business

  demonstrates sufficient growth potential and appeal, it would be our

  strategy to create additional franchising opportunities for McDonald's

  franchisees within the concept."  Flynn concluded.

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